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 High-speed web boost for Africa

This story is from the category Connectivity
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Date posted: 09/04/2007

Three African nations: Kenya, Burundi and Madagascar have secured $164.5m (?83.3m) from the World Bank to help roll-out high-speed internet networks.

Kenya will take the lion's share of the funding, with a $114.4m loan.

Madagascar is due to receive a $30m loan, while Burundi will receive a grant worth $20.1m, the World Bank said.

The Washington-based lender said businesses in the three countries were being held back because of the lack of high-speed internet networks. World Bank president Paul Wolfowitz said Africa was becoming increasingly "plugged-in".

"Improving broadband connectivity will add tremendous public value for Africa," he said. "Low-cost, high-quality communications is essential for economic competitiveness."

See the full Story via external site: news.bbc.co.uk

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